Economy

Economy
Economy

India raises section 301 concerns as US trade talks resume

India is expected to discuss Washington’s Section 301 investigation and potential tariff measures with US trade officials this week as both countries work toward finalising a trade agreement. A US delegation led by chief negotiator Brendan Lynch is scheduled to hold three days of discussions with Indian trade officials in New Delhi beginning Tuesday. The

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Economy

Strategy (MSTR) falls after Bitcoin sale even as Mizuho cuts price target

Shares of Strategy (previously known as Microstrategy) MSTR fell more than 6% on Monday after the company disclosed its first strategic Bitcoin sale, marking a notable departure from Executive Chairman Michael Saylor’s long-standing commitment to never sell the cryptocurrency. The decline was compounded by a price target cut from Mizuho and renewed weakness in Bitcoin,

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Economy

Why Nvidia stock is soaring around 4% on Monday

Shares of Nvidia (NVDA) were surging on Monday morning in contrast to the broader market. The stock was soaring around 4% as the broader indices were under pressure in early trading. The move comes as Nvidia is stepping up its challenge to Intel and Advanced Micro Devices in the artificial intelligence hardware market, unveiling a

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Economy

Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal

Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on Sunday, down from last week’s high of $108.  Donald Trump requests edits to his ceasefire deal Brent, the global benchmark, dropped to $92.40, with a

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Economy

Crypto rally: Why Humanity, Worldcoin, FET, and Venice Token are soaring

A crypto rally resumed during the weekend, with Humanity Protocol (H), Worldcoin (WLD), Artificial Superintelligence Alliance (FET), and Venice Token (VVV) being the top gainers.  Humanity, Worldcoin, FET, and Venice Token are soaring Humanity token jumped to $0.40, its highest point since October last year, and 750% from its lowest level this year. This surge

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Economy

KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?

The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull

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Economy

The new AI king: how Anthropic eclipsed OpenAI’s valuation and leapt to $965B

Anthropic’s rise to become Silicon Valley’s most valuable artificial intelligence company marks a dramatic turning point in the AI race and signals a broader shift in how investors are beginning to evaluate the future of the industry. For nearly two years, OpenAI appeared firmly positioned as the dominant force in generative artificial intelligence after ChatGPT

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Economy

Here’s how crypto traders are already pricing SpaceX ahead of its IPO

SpaceX’s highly anticipated public market debut has spawned a fast-growing crypto shadow market that is allowing retail traders around the world to speculate on the company’s valuation months before its shares reach public markets. Here’s what’s behind the hype. According to Forbes, decentralised derivatives platform Trade.xyz recently launched SPCX-USDC, a perpetual futures contract on Hyperliquid

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Economy

Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks

Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett’s retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead. His latest 13F

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Economy

Why Kospi’s AI-fuelled rally is leaving South Korea’s won behind

South Korea’s stock market has become one of the biggest beneficiaries of the global artificial intelligence boom, powered by surging demand for semiconductors from technology giants such as SK Hynix and Samsung Electronics. Yet even as the country’s benchmark Kospi index has outperformed every other major equity market over the past year, the South Korean

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